AGF Management Limited (TSE:AGF.B) Insider Buys C$11,606.00 in Stock

AGF Management Limited (TSE:AGF.B) insider AGF Management Limited, La Societe de Gestion AGF Limitee purchased 1,400 shares of AGF Management stock in a transaction on Monday, April 1st. The shares were purchased at an average cost of C$8.29 per share, with a total value of C$11,606.00.

AGF Management Limited, La Societe de Gestion AGF Limitee also recently made the following trade(s):

• On Wednesday, April 24th, AGF Management Limited, La Societe de Gestion AGF Limitee acquired 1,400 shares of AGF Management stock. The stock was bought at an average price of C$8.05 per share, with a total value of C$11,270.00.

AGF Management Stock Performance

Shares of TSE:AGF.B opened at C$8.04 on Friday. AGF Management Limited has a 1 year low of C$6.30 and a 1 year high of C$9.05. The stock has a market capitalization of C$513.60 million, a price-to-earnings ratio of 6.18, a price-to-earnings-growth ratio of 1.18 and a beta of 1.79. The company has a debt-to-equity ratio of 8.26, a current ratio of 1.39 and a quick ratio of 1.75. The company’s 50 day simple moving average is C$8.14 and its 200 day simple moving average is C$7.66.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. CIBC boosted their price target on AGF Management from C$11.00 to C$14.00 in a research report on Friday, April 5th. TD Securities lifted their price objective on shares of AGF Management from C$9.50 to C$10.00 and gave the stock a “buy” rating in a research report on Tuesday, January 16th. Scotiabank increased their price objective on shares of AGF Management from C$9.50 to C$10.50 in a research report on Tuesday, April 2nd. Jefferies Financial Group increased their price target on AGF Management from C$10.00 to C$11.00 in a research report on Sunday, April 7th. Finally, BMO Capital Markets lifted their price objective on AGF Management from C$8.50 to C$9.00 in a report on Friday, April 5th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, AGF Management has a consensus rating of “Hold” and a consensus price target of C$10.75.

About AGF Management

AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios.